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ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Masar 2025 net profit $262m

Higher land plot sales boost revenue and operating income.

Tasnee’s 2025 losses deepen

The petrochemicals' company's revenue also fell 17.7 percent.

Pakistan greenlights construction of long-awaited Iran-Pakistan gas pipeline

Tehran, Iran -  Pakistan has decided to link the gas pipeline from the country's Gwadar port city to the Iranian...
  • According to Pakistani media, the country will expedite the project, which faced significant delays, in two phases
  • Iran had previously given Pakistan a 180-day deadline until September 2024 to start completion of the pipe-laying work

US downs three Houthi drones, strikes anti-ship missiles

Yemen's Iran-backed Houthis have been targeting shipping for months and their attacks have persisted despite repeated American and British strikes...
  • CENTCOM said US forces destroyed "seven Iranian-backed Houthi mobile anti-ship cruise missiles that were prepared to launch towards the Red Sea."
  • US Central Command said those strikes , carried out between 12:30 p.m. and 7:15 p.m. Sanaa time, were made in self-defense

US warns of environmental disaster from cargo ship hit by Houthi rebels

The attack on the Rubymar represents the most significant damage yet to be inflicted on a commercial ship since the...
  • Rubymar, British-registered and Lebanese-operated cargo ship was damaged in a Sunday missile strike claimed by the Houthis
  • US Central Command said the ship is anchored but slowly taking on water and has left an 18 mile oil slick

Netanyahu plan for post-war Gaza draws US criticism

The plan lays out that, even after the war, the Israeli army would have "indefinite freedom" to operate throughout Gaza...
  • The new plan came after an Israeli delegation arrived in Paris hoping to "unblock" truce discussions
  • Netanyahu's plan envisages civil affairs in a post-war Gaza being run by Palestinian officials without links to Hamas

WTO reforms essential to meet global challenges

“Japan and the UAE will deepen their cooperation beyond traditional areas such as energy and the economy to include a...
  • WTO’s 13th Ministerial Conference: Scheduled in Abu Dhabi, aims to address global challenges and reforms.
  • Japanese Minister Yoko Kamikawa stresses the need for WTO to transform and tackle global issues effectively.

New Delhi confirms few Indians involved with Russian army

New Delhi, India - India's foreign ministry confirmed on Friday that some of the country's citizens had signed up for...
  • A newspaper reported on Wednesday that around 18 Indians were stranded in various border towns along the frontlines of Russia's war in Ukraine.
  • Its report alleged that Indians had been conned by Dubai-based recruiters with promises of high wages and a Russian passport.

Israel plans to allow local Palestinians administer post-war Gaza

"The plan states that Israel will move forward with its already-in-motion project to establish a security buffer zone on the...
  • The proposal, which Netanyahu submitted to his security cabinet late Thursday, would also see the Israeli army persisting in its war on Hamas until it achieves key goals.
  • Even after the war, the Israeli army would have "indefinite freedom" to operate throughout Gaza, according to the plan.

Expelled from France, imam vows to challenge decision in court

Soliman, Tunisia - A Tunisian imam expelled from France for alleged hate speech said on Friday he would take legal action...
  • Mahjoub Mahjoubi, from the town of Bagnols-sur-Ceze in the south of France, denounced his removal as "arbitrary"
  • He was expelled on the charges of giving a sermon that had "retrograde, intolerant and violent" image of Islam

American spaceship lands on moon, images expected soon

The first American spaceship on the Moon since Apollo is "alive and well" following a drama-packed touchdown, the firm that...
  • The Houston-based company's stock price soared by 40 percent in early trading before paring back to 24 percent.
  • Intuitive Machines said Odysseus, which is the size of a large golf cart, is upright.

Price of natural gas in Europe falls to a 3-year low

LONDON, UK – The price of natural gas in Europe fell again on Friday, taking it to its lowest in almost...
  • Gas reserves, which are usually drawn down during winter for heating, are at 64.7 percent of storage capacity on average in the European Union.
  • Gas prices soared in 2022 and into 2023 as Russia's invasion of Ukraine made EU countries limit consumption and diversify their sources of supply.

Syria since Assad’s overthrow: latest developments

HTS leader Abu Mohammed al-Jolani said that all rebel factions in Syria would "be disbanded and the fighters trained to...

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Iran former top diplomat Zarif returns to VP post

"After the follow-ups and consultations conducted by the president and with his written order, I will continue to exercise my...

Egypt says will not accept Israeli force on its Gaza border: state-linked media

Cairo, a key mediator in efforts to secure a ceasefire between Israel and Hamas in Gaza, "reiterated to all parties...

Israel strikes Lebanon, says thwarted large-scale Hizbollah attack

The result was perhaps the biggest exchange of fire in 10 months of a war which began with a Hamas...

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Harris bats for nuance on Gaza, Palestinians’ right to ‘freedom, self-determination’

Harris also pledged to "always stand up for Israel's right to defend itself." Some pro-Palestinian activists, who rallied on the...
  • The US Democratic candidate vowed to "not cozy up to tyrants and dictators" who can flatter Trump as he "wants to be an autocrat himself."
  • Harris won the biggest applause lines in her foreign policy section when she spoke of the suffering of Palestinians

The Gaza mothers separated from their newborns by war

Jerusalem, Undefined - As their first birthday approaches, the triplets Gaza-native Hanane Bayouk gave birth to in Jerusalem before the war...
  • Israeli travel restrictions and the ongoing conflict have left Palestinian mothers from Gaza struggling to access their children in Jerusalem
  • The number of births at the hospital has fallen sharply as Israel has stopped issuing travel permits to mothers from Gaza and slashed the number given to mothers

India’s Modi urges peace ahead of historic Ukraine visit

"It is India's strong belief that no problem can be resolved on a battlefield," Modi said in Poland, a staunch...
  • Modi is expected to use his landmark visit to campaign for a "peaceful" solution
  • Modi added his country supported "dialogue and diplomacy for restoration of peace and stability"